Top telecommunication firm Deutsche Telekom has joined the Theta Network as an enterprise validator node operator. The latter announced the new development on Oct. 31, noting that Deutsche Telekom is the first of its kind on its blockchain. This feat marks a major advancement for the Germany-based firm.
Deutsche Telekom Joins Google and Sony on Theta Network
Theta announced that Deutsche Telekom has now joined the likes of Google, Samsung, Sony, and other world-leading businesses as a validator on its network. Together, they will serve as strategic institutional nodes that validate transactions and secure Theta’s native L1 network.
To complete the validation, they are required to stake THETA and earn TFUEL as staking rewards.
This singular action plays a significant role in maintaining the integrity and security of the protocol. Dirk Roeder, Head of Telekom MMS Web3 Infrastructure and Solutions, noted that the decision to join the protocol as a validator comes from the r
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